President Trump is planning an executive order for a comprehensive "next-generation" missile defense shield to protect the US
The system aims to counter ballistic, cruise, and hypersonic missile threats, which are described as "catastrophic threats"
The proposed system draws inspiration from Israel's Iron Dome but would need significantly greater range and capabilities
Existing US missile defense includes THAAD, Aegis systems, Patriot batteries, and ground-based interceptors
Previous attempts at comprehensive missile shields, including Reagan's "Star Wars" program, have been unsuccessful
The Pentagon's Missile Defense Agency has spent over $194 billion since 2002 on missile defense systems
A $1 billion Boeing contract for a "kill vehicle" was canceled during Trump's first term in 2019
China and Russia have advanced their hypersonic weapons capabilities while US defenses have struggled to keep pace
Current US missile defense policy focuses mainly on rogue nations and accidental launches
Lockheed Martin recently won a $17 billion contract to upgrade existing ground-based interceptors
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